Each year, on the Mayor’s behalf, DHCD submits a Housing Production Trust Fund (HPTF) Annual Report to the DC Council. (D.C. Official Code §42-2803.01; the Housing Production Trust Fund Act of 1988, as amended (D.C. Law 7-202, effective March 16, 1989)
The report includes the following information, per fiscal year:

1. The amount of money spent from the HPTF.
2. The number of loans and grants made.
3. The number of low-income, very low-income, and extremely low-income households and individuals assisted through HPTF expenditures.
4. A list of each project on which HPTF monies were spent, including:
   • a brief description of the project, including the name of the project sponsor;
   • the amount of money spent on the project;
   • whether the money spent was a loan or grant; and
   • the general loan or grant terms.
5. The amount and percentage of funds spent on homeownership and rental housing projects, to include: how much was spent for households with incomes at or below (a) 30 percent of the area median income (AMI); (b) 50 percent AMI and (c) 80 percent AMI.
6. The number of rental housing and homeownership units assisted.
7. The amount spent on administrative costs.

Quarterly reports on HPTF activities and expenditures are to be filed with the chairperson of the DC Council committee with economic development oversight. (Section 3(d)(2) of the Housing Production Trust Fund Act of 1988).

The law also provides that annual audits should be conducted (Section 3(d)(3) of the Housing Production Trust Fund Act of 1988).

Quarterly Reports